{ "template": "T3", "templateName": "Product Exporter Position Profile", "source": "api", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com" }, "canonical": "https://www.yugalinks.com/trade/exporter/kor/721491", "links": { "product": "https://www.yugalinks.com/trade/product/721491", "exporter": "https://www.yugalinks.com/trade/exporter/kor/721491", "methodology": "https://www.yugalinks.com/methodology" }, "methodology": { "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.", "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.", "destinations": "Destination rows are ranked by latest observed exporter-lane value.", "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.", "missingData": "Missing values are shown as Not reported and are not imputed." }, "exporter": { "hs_code": "721491", "exporter_iso3": "KOR", "first_data_year": 1995, "latest_data_year": 2024, "observed_lane_count": 69, "current_lane_count": 15, "active_market_count": 15, "exports_latest_observed_lanes_usd": 7292398.050394368, "exports_current_2024_usd": 5813057.183541188, "exports_avg_3y_usd": 4764490.219885219, "exports_avg_5y_usd": 3044300.9988284432, "exports_avg_10y_usd": 2210666.9166573808, "exports_cagr_3y_pct": 126.44822986285153, "exports_cagr_5y_pct": 51.841054824629815, "exports_cagr_10y_pct": 19.29853484043833, "exports_all_year_lane_avg_usd": 6675565.317910981, "exports_historical_lane_peak_usd": 29402140.809222996, "historical_peak_year": 1999, "positive_growth_year_share_pct": 44.827586206896555, "trend_acceleration_pct": 107.1496950224132, "trend_label": "Rapid growth", "top_market_iso3": "ESP", "top_market_exports_usd": 5320233.3101762645, "top_market_share_pct": 72.95588191169227, "destination_hhi": 5369.44904930168, "weighted_share_latest_pct": 16.79561961627548, "weighted_share_change_1y_pp": 1.3802260007632585, "weighted_volatility_cv": 1.1658243597402511, "weighted_max_drawdown_pct": 83.90036784083078, "limited_history_lane_share_pct": 46.3768115942029, "data_freshness_years": 0, "coverage_score": 87.5, "confidence_label": "High", "refreshed_at": "2026-07-20 09:29:10", "source": "api", "product": { "hs_code": 721491, "hs_description": "Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, of rectangular (other than square) cross-section", "hs_chapter": 72, "hs_heading": 7214, "substitution_elasticity": -6.6903615, "price_range_label": "Medium price range", "trade_type_label": "One-way trade" }, "hs_description": "Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, of rectangular (other than square) cross-section", "hs_chapter": 72, "hs_heading": 7214, "destinations": [ { "hs_code": 721491, "corridor_rank": 46, "exporter_iso3": "KOR", "importer_iso3": "ESP", "latest_data_year": 2024, "lane_data_years": 7, "exports_latest_observed_usd": 5320233.3101762645, "exports_all_year_avg_usd": 1846019.60557966, "exports_avg_3y_usd": 4127464.4085807255, "exports_avg_5y_usd": 2498783.390166958, "exports_avg_10y_usd": 2143286.4811758897, "exports_cagr_3y_pct": 303.8666319579643, "exports_cagr_5y_pct": 70.81929912580158, "exports_cagr_10y_pct": 55.97745790221569, "exports_historical_peak_usd": 5320233.3101762645, "buyer_imports_latest_observed_usd": 31434689.398562938, "historical_peak_year": 2024, "positive_growth_year_share_pct": 83.33333333333333, "trend_acceleration_pct": 247.88917405574858, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 5.1156, "buyer_yoy_all_avg_pct": 8.3017, "buyer_trend_consistency_pct": 51.7241, "market_share_latest_pct": 16.924720466363134, "market_share_change_1y_pp": -0.8267789331643058, "peer_best_share_pct": 40.198573432889454, "peer_top_exporter": "ITA", "supplier_count_latest": 20, "buyer_market_hhi": 2330.64, "distance_km": 10012.6416015625, "has_reported_fta": 1, "applied_tariff_pct": 0.017017810458070715, "tariff_advantage_pp": 0.044109323943012604, "volatility_cv": 1.225937377686551, "max_drawdown_pct": 91.59109912601865, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": "['high_volatility']", "signal_flag": "Accelerating", "confidence_label": "Medium", "refreshed_at": "2026-07-20 09:30:25" } ], "priceSummary": { "exporter_iso3": "KOR", "hs_code": 721491, "num_markets": 27, "highest_price_importer_iso3": "NIC", "highest_price_usd_per_ton": 42803.030303030304, "lowest_price_importer_iso3": "CHN", "lowest_price_usd_per_ton": 500.94841545223227, "median_price_across_markets": 1510.36717062635, "price_spread_pct": 2800.7813404759977, "avg_quantity_metric_tons": 175.570347826087, "total_trade_value_usd": 12277700 }, "history": [ { "year": 2010, "export_value_usd": 2481536.488791793, "active_destinations": 15, "yoy_growth_pct": 27.05590409699769 }, { "year": 2011, "export_value_usd": 956979.428691151, "active_destinations": 18, "yoy_growth_pct": -61.436012203992064 }, { "year": 2012, "export_value_usd": 3436062.5515928282, "active_destinations": 20, "yoy_growth_pct": 259.05291676878454 }, { "year": 2013, "export_value_usd": 2790376.878923448, "active_destinations": 18, "yoy_growth_pct": -18.79144116192137 }, { "year": 2014, "export_value_usd": 995528.0376239732, "active_destinations": 24, "yoy_growth_pct": -64.3228108309134 }, { "year": 2015, "export_value_usd": 1614216.6643218833, "active_destinations": 15, "yoy_growth_pct": 62.14678073502925 }, { "year": 2016, "export_value_usd": 3122855.8442705427, "active_destinations": 24, "yoy_growth_pct": 93.45952208853103 }, { "year": 2017, "export_value_usd": 393410.34828813066, "active_destinations": 16, "yoy_growth_pct": -87.40222514561744 }, { "year": 2018, "export_value_usd": 1034472.3312649659, "active_destinations": 19, "yoy_growth_pct": 162.9499543584264 }, { "year": 2019, "export_value_usd": 720208.984286071, "active_destinations": 18, "yoy_growth_pct": -30.379096422483304 }, { "year": 2020, "export_value_usd": 427426.3125131124, "active_destinations": 17, "yoy_growth_pct": -40.65246034985086 }, { "year": 2021, "export_value_usd": 500608.0219734459, "active_destinations": 16, "yoy_growth_pct": 17.121479730635087 }, { "year": 2022, "export_value_usd": 2610038.4536649445, "active_destinations": 19, "yoy_growth_pct": 421.37367742848323 }, { "year": 2023, "export_value_usd": 5870375.022449525, "active_destinations": 13, "yoy_growth_pct": 124.91526951284972 }, { "year": 2024, "export_value_usd": 5813057.183541188, "active_destinations": 15, "yoy_growth_pct": -0.9763914347744704 } ], "economy": { "year": 2024, "country_iso3": "KOR", "exports_usd": 719146445390.6676, "imports_usd": 602781511915.9164, "trade_balance_usd": 116364933474.75122, "yoy_exports_growth_pct": 8.99738243181556, "yoy_imports_growth_pct": -2.0488493611390823, "exports_cagr_3y_pct": 2.3762912989319096, "imports_cagr_3y_pct": 0.5600101180488037, "export_partner_hhi": 1005.4152216058833, "export_product_hhi": 224.2651640980364, "momentum_score": 7.011055091950464, "risk_score": 6.148401928519599, "gdp_million_usd": 1875388.209406803, "gdp_per_capita_usd": 36238.63990831499, "population": 51751065, "labor_force": 28232.98, "investment_rate_pct": 32.11, "savings_rate_pct": 33.94, "secondary_education_pct": 97.7, "tertiary_education_pct": 60.3, "total_factor_productivity": 1485.56, "trade_openness_pct": 81.8058450718175, "exports_gdp_pct": 44.50347113880819, "num_active_partners": 270, "num_fta_partners": 58, "num_wto_partners": 169, "num_eu_partners": 28, "num_shared_border_partners": 1, "num_shared_language_partners": 1, "avg_partner_distance_km": 9523.444444444445, "avg_partner_gdp_million_usd": 533678518.3258193, "avg_partner_gdp_per_capita_usd": 15.774186170212769, "avg_buyer_biz_entry_days": null, "avg_buyer_biz_entry_cost_pct": null, "pct_partners_with_fta": 21.48148148148148, "pct_partners_shared_language": 0.3703703703703704, "pct_partners_shared_border": 0.3703703703703704, "avg_applied_tariff_pct": 0.1325559179132643, "avg_mfn_tariff_pct": 0.13730118197136373, "avg_preferential_tariff_pct": 0.040044337595312784, "tariff_advantage_pp": 0.09725684437605095, "avg_distance_all_partners_km": 9624.182081122517, "num_border_partners": 20, "num_colonial_partners": 25, "avg_substitution_elasticity": -10.797487279973065, "pct_products_high_elasticity": 75.69542668552569, "pct_products_low_elasticity": 2.710985384252711, "real_market_potential": 193723.88455191866, "foreign_market_potential": 21832.519125198414 }, "countryMap": {} }, "product": { "hs_code": "721491", "hs_description": "Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, n.e.c. in heading no. 7214, of rectangular (other than square) cross-section", "hs_chapter": 72, "hs_heading": 7214 }, "destinations": [ { "hs_code": 721491, "corridor_rank": 46, "exporter_iso3": "KOR", "importer_iso3": "ESP", "latest_data_year": 2024, "lane_data_years": 7, "exports_latest_observed_usd": 5320233.3101762645, "exports_all_year_avg_usd": 1846019.60557966, "exports_avg_3y_usd": 4127464.4085807255, "exports_avg_5y_usd": 2498783.390166958, "exports_avg_10y_usd": 2143286.4811758897, "exports_cagr_3y_pct": 303.8666319579643, "exports_cagr_5y_pct": 70.81929912580158, "exports_cagr_10y_pct": 55.97745790221569, "exports_historical_peak_usd": 5320233.3101762645, "buyer_imports_latest_observed_usd": 31434689.398562938, "historical_peak_year": 2024, "positive_growth_year_share_pct": 83.33333333333333, "trend_acceleration_pct": 247.88917405574858, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 5.1156, "buyer_yoy_all_avg_pct": 8.3017, "buyer_trend_consistency_pct": 51.7241, "market_share_latest_pct": 16.924720466363134, "market_share_change_1y_pp": -0.8267789331643058, "peer_best_share_pct": 40.198573432889454, "peer_top_exporter": "ITA", "supplier_count_latest": 20, "buyer_market_hhi": 2330.64, "distance_km": 10012.6416015625, "has_reported_fta": 1, "applied_tariff_pct": 0.017017810458070715, "tariff_advantage_pp": 0.044109323943012604, "volatility_cv": 1.225937377686551, "max_drawdown_pct": 91.59109912601865, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": "['high_volatility']", "signal_flag": "Accelerating", "confidence_label": "Medium", "refreshed_at": "2026-07-20 09:30:25" } ], "prices": [], "priceSummary": { "exporter_iso3": "KOR", "hs_code": 721491, "num_markets": 27, "highest_price_importer_iso3": "NIC", "highest_price_usd_per_ton": 42803.030303030304, "lowest_price_importer_iso3": "CHN", "lowest_price_usd_per_ton": 500.94841545223227, "median_price_across_markets": 1510.36717062635, "price_spread_pct": 2800.7813404759977, "avg_quantity_metric_tons": 175.570347826087, "total_trade_value_usd": 12277700 }, "history": [ { "year": 2010, "export_value_usd": 2481536.488791793, "active_destinations": 15, "yoy_growth_pct": 27.05590409699769 }, { "year": 2011, "export_value_usd": 956979.428691151, "active_destinations": 18, "yoy_growth_pct": -61.436012203992064 }, { "year": 2012, "export_value_usd": 3436062.5515928282, "active_destinations": 20, "yoy_growth_pct": 259.05291676878454 }, { "year": 2013, "export_value_usd": 2790376.878923448, "active_destinations": 18, "yoy_growth_pct": -18.79144116192137 }, { "year": 2014, "export_value_usd": 995528.0376239732, "active_destinations": 24, "yoy_growth_pct": -64.3228108309134 }, { "year": 2015, "export_value_usd": 1614216.6643218833, "active_destinations": 15, "yoy_growth_pct": 62.14678073502925 }, { "year": 2016, "export_value_usd": 3122855.8442705427, "active_destinations": 24, "yoy_growth_pct": 93.45952208853103 }, { "year": 2017, "export_value_usd": 393410.34828813066, "active_destinations": 16, "yoy_growth_pct": -87.40222514561744 }, { "year": 2018, "export_value_usd": 1034472.3312649659, "active_destinations": 19, "yoy_growth_pct": 162.9499543584264 }, { "year": 2019, "export_value_usd": 720208.984286071, "active_destinations": 18, "yoy_growth_pct": -30.379096422483304 }, { "year": 2020, "export_value_usd": 427426.3125131124, "active_destinations": 17, "yoy_growth_pct": -40.65246034985086 }, { "year": 2021, "export_value_usd": 500608.0219734459, "active_destinations": 16, "yoy_growth_pct": 17.121479730635087 }, { "year": 2022, "export_value_usd": 2610038.4536649445, "active_destinations": 19, "yoy_growth_pct": 421.37367742848323 }, { "year": 2023, "export_value_usd": 5870375.022449525, "active_destinations": 13, "yoy_growth_pct": 124.91526951284972 }, { "year": 2024, "export_value_usd": 5813057.183541188, "active_destinations": 15, "yoy_growth_pct": -0.9763914347744704 } ], "economy": { "year": 2024, "country_iso3": "KOR", "exports_usd": 719146445390.6676, "imports_usd": 602781511915.9164, "trade_balance_usd": 116364933474.75122, "yoy_exports_growth_pct": 8.99738243181556, "yoy_imports_growth_pct": -2.0488493611390823, "exports_cagr_3y_pct": 2.3762912989319096, "imports_cagr_3y_pct": 0.5600101180488037, "export_partner_hhi": 1005.4152216058833, "export_product_hhi": 224.2651640980364, "momentum_score": 7.011055091950464, "risk_score": 6.148401928519599, "gdp_million_usd": 1875388.209406803, "gdp_per_capita_usd": 36238.63990831499, "population": 51751065, "labor_force": 28232.98, "investment_rate_pct": 32.11, "savings_rate_pct": 33.94, "secondary_education_pct": 97.7, "tertiary_education_pct": 60.3, "total_factor_productivity": 1485.56, "trade_openness_pct": 81.8058450718175, "exports_gdp_pct": 44.50347113880819, "num_active_partners": 270, "num_fta_partners": 58, "num_wto_partners": 169, "num_eu_partners": 28, "num_shared_border_partners": 1, "num_shared_language_partners": 1, "avg_partner_distance_km": 9523.444444444445, "avg_partner_gdp_million_usd": 533678518.3258193, "avg_partner_gdp_per_capita_usd": 15.774186170212769, "avg_buyer_biz_entry_days": null, "avg_buyer_biz_entry_cost_pct": null, "pct_partners_with_fta": 21.48148148148148, "pct_partners_shared_language": 0.3703703703703704, "pct_partners_shared_border": 0.3703703703703704, "avg_applied_tariff_pct": 0.1325559179132643, "avg_mfn_tariff_pct": 0.13730118197136373, "avg_preferential_tariff_pct": 0.040044337595312784, "tariff_advantage_pp": 0.09725684437605095, "avg_distance_all_partners_km": 9624.182081122517, "num_border_partners": 20, "num_colonial_partners": 25, "avg_substitution_elasticity": -10.797487279973065, "pct_products_high_elasticity": 75.69542668552569, "pct_products_low_elasticity": 2.710985384252711, "real_market_potential": 193723.88455191866, "foreign_market_potential": 21832.519125198414 } }